The value of avocado exports in Peru is affected by low prices

Published 2022년 10월 18일

Tridge summary

Peruvian avocado cultivation has seen a significant increase, with a projected doubling of production areas by the end of 2022, covering approximately 43,000 hectares. The main regions for this growth are La Libertad, Lambayeque, and Lima, positioning avocado as a key agricultural product for exports. Despite this growth, the global logistics crisis has led to a shift in import preferences towards closer sources, resulting in lower prices in certain markets like Europe. This has challenged Peruvian exporters, leading some to redirect their shipments to markets such as North America and Asia. The United States, in particular, has experienced challenges with Mexican avocado imports due to production drops and temporary import bans, creating opportunities for Peruvian exporters to fill the gap.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On the production side, avocado is still one of the main crops in the country. In 2017, there were about 18,000 hectares, and by the end of 2022 it is forecast that about 43,000 hectares will be reached; that is to say that in the last five years the cultivated areas of avocado grew more than double. The regions that have stood out the most in production are La Libertad, with 34% of the participation; Lambayeque, with 20%; and Lima, with 15%. This productive growth is reflected in exports. During 2021, the avocado was the third agricultural product with the highest shipments and it is expected that with the growth obtained in 2022 it will still remain in the top 5 of the agro-export basket. However, this growth in national production does not seem to have coincided with a good moment for the appreciation of avocado. CHALLENGES AT THE INTERNATIONAL LEVEL Due to the global logistics crisis, many of the world's main markets have chosen to prioritize importing products from origins ...

Source: AgroNegociosPerú